Common use of Requested Registration Clause in Contracts

Requested Registration. i. Subject to the other provisions of this Agreement, Shareholder shall have the right (a "Request Right") to require the Company to effect an aggregate of three registrations with respect to the Registrable Shares (each such registration being a "Requested Registration"). (The Company is required to effect a total of only three Requested Registrations pursuant to this Section 2(a) notwithstanding that Registrable Shares may have been transferred to one or more Permitted Transferees.) To effect a Requested Registration, Shareholder shall make a written request (a "Request Notice") to the Company which shall describe in detail the contemplated sale of Registerable Securities, including the number of Registerable Securities to be registered. The Company shall be entitled to include in any Requested Registration shares of Common Stock to be sold by holders of either Common Stock or rights to acquire Common Stock to whom the Company has previously granted or in the future does grant any registration rights and shares of Common Stock to be sold by the Company for its own account, provided that such inclusion shall not limit the number of Registrable Shares included in such Registration Statement. ii. Shareholder may revoke its Request Notice in the event of a Cutback Registration that would limit the total number of Registrable Shares that can be sold pursuant to such Requested Registration to a number that is less than 90% of the number of the Registrable Shares specified to be sold in the Request Notice. iii. The Company shall, as soon as practicable, but in no event more than 120 days after receipt of a Request Notice, file a Registration Statement covering the Registrable Shares to be included in the registration requested by such Request Notice and cause such Registration Statement to become effective as soon as practicable thereafter.

Appears in 2 contracts

Sources: Registration Rights Agreement (Technisource Inc), Registration Rights Agreement (Technisource Inc)

Requested Registration. i. Subject to the other provisions of this Agreement, Shareholder Holdings and Investments shall have the right (a "Request Right") to require the Company to effect an aggregate of three registrations with respect to the Registrable Shares (each such registration being a "Requested Registration"). (The Company is required to effect a total of only three Requested Registrations pursuant to this Section 2(a) notwithstanding that Registrable Shares may have been transferred to one or more Permitted Transferees.) To effect a Requested Registration, Shareholder Holdings or Investments shall make a written request (a "Request Notice") to the Company which shall describe in detail the contemplated sale of Registerable Securities, including the number of Registerable Securities to be registered. The Company shall be entitled to include in any Requested Registration shares of Common Stock to be sold by holders of either Common Stock or rights to acquire Common Stock to whom the Company has previously granted or in the future does grant any registration rights and shares of Common Stock to be sold by the Company for its own account, provided that such inclusion shall not limit the number of Registrable Shares included in such Registration Statement. ii. Shareholder Holdings or Investments may revoke its Request Notice in the event of a Cutback Registration that would limit the total number of Registrable Shares that can be sold pursuant to such Requested Registration to a number that is less than 90% of the number of the Registrable Shares specified to be sold in the Request Notice. iii. The Company shall, as soon as practicable, but in no event more than 120 days after receipt of a Request Notice, file a Registration Statement covering the Registrable Shares to be included in the registration requested by such Request Notice and cause such Registration Statement to become effective as soon as practicable thereafter.

Appears in 1 contract

Sources: Registration Rights Agreement (Kos Pharmaceuticals Inc)

Requested Registration. i. Subject to the other provisions of this Agreement, Shareholder Holdings shall have the right (a "Request Right") to require the Company to effect an aggregate of three registrations with respect to the Registrable Shares (each such registration being a "Requested Registration"). (The Company is required to effect a total of only three Requested Registrations pursuant to this Section 2(a) notwithstanding that Registrable Shares may have been transferred to one or more Permitted Transferees.) To effect a Requested Registration, Shareholder Holdings shall make a written request (a "Request Notice") to the Company which shall describe in detail the contemplated sale of Registerable Securities, including the number of Registerable Securities to be registered. The Company shall be entitled to include in any Requested Registration shares of Common Stock to be sold by holders of either Common Stock or rights to acquire Common Stock to whom the Company has previously granted or in the future does grant any registration rights and shares of Common Stock to be sold by the Company for its own account, provided that such inclusion shall not limit the number of Registrable Shares included in such Registration Statement. ii. Shareholder Holdings may revoke its Request Notice in the event of a Cutback Registration that would limit the total number of Registrable Shares that can be sold pursuant to such Requested Registration to a number that is less than 90% of the number of the Holding's Registrable Shares specified to be sold in the Request Notice. iii. The Company shall, as soon as practicable, but in no event more than 120 days after receipt of a Request Notice, file a Registration Statement covering the Registrable Shares to be included in the registration requested by such Request Notice and cause such Registration Statement to become effective as soon as practicable thereafter.

Appears in 1 contract

Sources: Registration Rights Agreement (Kos Pharmaceuticals Inc)